H&M Releases 2023 Results – CEO Helena Helmersson Announces Departure
CEO Helena Helmersson highlighted improvements in the supply chain and cost management, leading to stronger gross margins and cash flow. Despite challenges like inflation and interest rates affecting consumer purchasing power, net sales in comparable markets rose compared to 2022. In the twelve months ending November 30, 2023, H&M achieved 236.0 billion Swedish kronor (20.9 […]
